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In its income statement for the year ended December 31, 2025, Wildhorse Inc. reported the following condensed data Operating Expenses $731,000 Cost of goods sold
In its income statement for the year ended December 31, 2025, Wildhorse Inc. reported the following condensed data
In its income statement for the year ended December 31, 2025, Wikhorse inc, reported the following condensed data. Prepare a multiple-step income statement, (List Other revenue and gains before Other expenses and losses) Operating Expenses $731,000
Cost of goods sold $1,267,000
Interest expense $82,000
Income tax expense $56,600
Interest revenue $44,000
Loss on disposal of plant assets $27,000
Sales revenue $2,367,000
Sales discounts $150,000
Provide a multiple-step income statement.
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